12, THE RISE, WATERLOOVILLE, PO7 5DQ - £319,750

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THE RISE is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £319,750 in January 2020, which was around 23% below the average January 2020 detached price in the Havant local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

12 THE RISE Sold Prices

Land registry data shows two sales for 12 THE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 12 THE RISE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 10 JAN	£319,750	£414,226	23% below HPI
2016 24 MAR	£293,000	£368,711	21% below HPI

12 THE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 12 THE RISE sales from March 2016 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 THE RISE?

12 THE RISE is 84m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Purbrook, and where 12 THE RISE lies on this distribution: 18% of detached houses are smaller than 12 THE RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

12 THE RISE: Plot and Title Map

12 THE RISE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 12 THE RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 THE RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 THE RISE?

12 THE RISE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 12 on THE RISE.